I'm under contract to purchase a SFR for $135k. I'd conservatively estimate FMV at $145k to $150k. The local credit union I'm working with to finance the deal has performed a $450 "real estate evaluation" (i.e. off-si...
I have been analyzing properties for the last 8 months without making a just yet-- We've been busy doing many other things. However, we're finally at the point where we'd like to start making offers.At the moment, I ...
Hey Guys-Let me know your thoughts. 7 units, all one beds. In good overall shape, lots of hardwoods. All separate heating systems installed in 2014. Parking for each unit and building is in a very good area. Pri...
Hello there, I am writing this post in search of some advise to help get me started in real estate investing. A little about myself and situation. I am 22, and my wife is 20 years old, we have about $20,000 saved up, ...
What is the better investment Buy & Flip or Buying multiple family to rent out.
PROS & CONS V. SHORT-TERM & LONG-TERM
I've got an issue that might turn out to be good for someone willing to help out a newbie. Here's the situation:Perousing the internet and MLS I found a very distressed property that had only been online for about 6 h...
Hey all. I think I finally might have my first deal. I have been looking in the Rochester NY market for about a year now and have finally figured out that the MLS is not working for me. I found an off market deal and ...
Hello everyone, my name is John Woosley, I’m 23 years old and I’m looking to learn from you guys here at BP.I currently own 4 properties, 3 rentals, and the house my wife and I live in. I owe 80k total and am looking ...
I'm toying with two different strategies. I'm an anti-debt kind of person so 1/2 of me wants to acquire about 25-50 rentals and then work hard at paying them off. The other 1/2 of me wants to aquire 75-100 rentals ...
I got my next house under contract, a 60's ranch on a full finished basement (my first ranch). What do you do when you rehab a ranch w/basement?
I know it is very specific to each market. Basements are common around ...